“I learned about the flexibility of MIT's Master of Finance degree. The degree was unlike any other as it was offered in a business school and allowed students to pursue all sorts of different career options.”
Residency, Tuition, and Funding
MFin students are required to enroll in the MFin Summer term as well as two regular terms of full-time graduate study.
MIT students who have taken both 15.401 and 15.402 prior to enrollment in the MFin program may be permitted to waive the Summer term and will not be required to pay summer tuition. Please see the MFin Academic Calendar for key program dates.
|Academic Year 2013–2014|
Tuition and fees: Summer/Fall/Spring
|Books and Supplies*||$2,247|
|Personal (incl. medical insurance)*||$5,775|
*Expenses are estimates for the academic year 2013–2014 and will be updated as more information becomes available.
Support typically includes personal savings, loans, fellowship/scholarship award, government or employer sponsorship, or some combination of these. For information about financial aid options, visit MIT Student Financial Services.
Master’s MFin Fellowships
A limited number of Master’s MFin Fellowships are available and are awarded to admitted candidates of all citizenships and academic backgrounds. All admitted candidates are considered for these fellowships. Fellowships are awarded to individuals with outstanding academic records, personal achievements, and professional promise. Further consideration will be given to candidates who enhance the geographic diversity of the MFin class.
Instituto Ling is a non-profit association founded in 1995 by the Ling family, in Porto Alegre, Brazil. Its mission is to contribute to the social, economic and cultural development of Brazil, by creating opportunities through investing in education, and its proposal is to support young Brazilians who demonstrate leadership potential and adherence to capitalism, free markets, and the rule of law principles In 17 years of activities, Instituto Ling has invested more than US$ 3.1 million to partly finance costs of MBA, MPA, LLM and Master courses in Journalism in some of the most reputable universities in the world, including MIT Sloan School of Management - seven of our MBA fellows graduated at this school.
Instituto Ling’s fellowships are open to all Brazilian students who have been approved to the top schools. Documents required are the candidates’ CV, GMAT results, admission letter from the university, and the application, including essays. The candidate must inform his/her family’s financial condition, in order to prove the real necessity of funding. The candidate’s leadership skills and affinity to Instituto Ling’s values are also evaluated. For further information, please contact us at Instituto.email@example.com or www.institutoling.org.br.
The Legatum Center at MIT administers a competitive fellowship program for incoming and current MIT graduate students, across all academic and professional disciplines. Candidates must demonstrate the potential to create innovative, sustainable, for-profit enterprises that promote prosperity in low-income countries and must be committed to implementing their business plans upon graduation. The application deadline is typically in early February. For information, please visit this website.
Kuwait MFin Fellowship
The Kuwait MFin Fellowship was established by a private donor and provides partial tuition for MFin students from Kuwait. To be considered for this scholarship, you must demonstrate financial need. For more information, please contact the MIT Sloan Admissions Office.
USLO Minority Student Entrepreneur Scholarship
Minority student entrepreneurs who want to or have already started a business are eligible for this $1000 scholarship. Students must be in high school or full-time undergraduate or graduate students in a U.S. college. The deadline is April 15th. More information is available online: http://www.usleaseoption.com/scholarship.php
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“[The India Lab] program is one of the reasons I came to Sloan. ... The hands-on learning that MIT offers was a huge differentiator.”
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